01AUG2019 - NEWS - Investors getting nervous about IMO 2020 tanker pitch

Persistence Market Research (PMR) has published a new market research report on offshore support vessel services. The report has been titled “Offshore Support Vessel Services Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026.” As one of the important international trades in the world, seaborne transportation is estimated to play a pivotal role in global industrialization and progression, authorizing the transportation of very large volumes of processed and raw materials as well as water, food and other products. As per the data collected from the SAE Europe Shipyards & Maritime Equipment Association, the sea borne trade growth rate is sluggish as compared to the long-term historical average.